House Flipping

Assignment of Contract

Transferring contractual rights to purchase to another party.

Reviewed 9 August 2026 by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Plain-English explanation

The wholesale mechanism — legal in most states with proper disclosure.

Examples

Original contract + assignment agreement = end-buyer closes directly with seller.

Common mistakes

Assigning where state requires real estate license.

Assignment of Contract

Plain-English explanation

Examples

Common mistakes

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